economy
Jane Street in talks to shift its $11bn in debt to investors including Pimco
Private credit deal would allow the secretive trading firm to make further investments in AI
TL;DR
- Jane Street is negotiating a private credit deal involving $11 billion in debt.
- Investors such as Pimco are being considered to take on this debt.
- The primary goal of the deal is to fund Jane Street's further investments in artificial intelligence.